Market Insights Consumer Beauty & Personal Care Cosmetics

Natural Cosmetics - Equatorial Guinea

Equatorial Guinea

in Equatorial Guinea, a country Central_Africa, is set to witness a significant boost in its Natural Cosmetics market.
In 2024, the revenue in this market segment is projected to reach US$2.74m.
Moreover, the market is anticipated to experience an annual growth rate of 5.90%, as calculated from the compound annual growth rate (CAGR) between 2024 and 2029.
When compared to other countries worldwide, in China takes the lead in generating the highest revenue in the Natural Cosmetics market.
In 2024 alone, in China is estimated to generate a staggering US$3,102m in revenue.
To put things into perspective, in Equatorial Guinea, the per-person revenue generated from the Natural Cosmetics market is US$1.56 in 2024.
This figure reflects the revenue generated per individual in relation to the country's total population.
Equatorial Guinea's natural cosmetics market is emerging, driven by a growing awareness of the benefits of organic and locally sourced ingredients.

Key regions: United Kingdom, Indonesia, India, Canada, Worldwide

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Data coverage:

The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.